‘Credit Cards’ News

Credit ‘becomes increasingly expensive’

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Posted 2008-06-2

Credit is reportedly becoming more expensive, which could be bad news for anybody relying on their credit cards to pay for day-to-living costs. Research conducted by Moneyfacts.co.u...

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Expert: Store cards aren’t a quick fix

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Posted 2008-06-1

Consumers are being warned that store cards do not offer a “quick fix” to their financial problems. According to Credit Choices, increasing numbers of people are opting for store cards over credit cards. ...

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Zero per cent balance transfers ‘most important feature for a credit card’

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Posted 2008-05-28

Research has suggested that zero per cent interest on balance transfer credit cards are still the most popular type of plastic. A study conducted by the Fair Investment Company highlighted that 21 per cent of respondents listed zero per cent balance transfer as the most important feature in a credit card. ...

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Apacs emphasises need for credit card security

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Posted 2008-05-28

Apacs, the British payments association, has emphasised the importance of credit card security. A spokesperson for the association said that security measures are something “that people have become more aware of” but added that there are instances were consumers fail to keep their details as secure as they should. ...

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Brides and grooms use loans and credit cards to finance weddings

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Posted 2008-05-21

Brides and grooms to be are increasingly relying on loans and credit cards to fund their big day, it has emerged. Research from Fool.co.u...

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48% of Brits vulnerable to credit card fraud

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Posted 2008-05-20

Brits are leaving themselves vulnerable to credit card fraud by not practising good security, it has emerged. Recent research by Which? ...

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Credit card fraud warning

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Posted 2008-05-18

Credit card fraud is likely to rise as a direct result of the credit crunch, an industry expert has claimed. David Kuo, head of personal finance at Fool.co.u...

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Travellers warned over additional charges abroad

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Posted 2008-05-18

A personal finance website has warned people going abroad of the additional charges they face when using credit cards there. Moneyfacts claimed that most card providers apply a charge for using them for retail and cash transactions in foreign countries and that debit cards can also incur additional fees. ...

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Consumers warned over using credit for household expenditure

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Posted 2008-05-14

A debt charity has warned people not to become too dependent on credit to cover the cost of bills or other household necessities. Credit Action director Chris Tapp said that the use of borrowed funds such as loans or credit cards makes sense in the short-term but continued use could see people fall into unmanageable levels of debt. ...

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Internet used more by credit card customers

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Posted 2008-05-13

The internet is being increasingly used by credit card customers, to research deals and fill out applications for new cards, according to a recent report. Figures from Global Reviews show that the internet is now the favourite source to look at and manage credit cards, with 64 per cent of customers opting to use it when applying for a new card, reports the Thrifty Scot. ...

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